How to Use Expected Value (EV) to Crush Sportsbooks & Win More Bets
Want to bet smarter and win more money? The key to long-term success in sports betting isn’t just picking winners—it’s finding positive expected value (+EV) bets.
That’s exactly what the OddsJam Expected Value Calculator does. It helps you quantify your edge over the sportsbook, showing you if a bet is actually profitable in the long run.
🔥 For a limited time, you can try it FREE for 7 days!
What is Expected Value (EV) in Sports Betting?
Expected Value (EV) measures the profitability of a bet over time. While any single bet can win or lose, +EV betting is all about making money in the long run.
If you consistently place bets with positive expected value, you’ll win more than you lose over time—that’s how professional bettors stay profitable.
Here’s an easy way to think about it:
📌 Would you flip a coin for $100?
- If it’s a fair 50/50 flip at +100 odds, your expected value is $0—not a bad bet, but not a profitable one either.
- But if someone offers you +110 odds, your EV jumps to +$5 per bet—meaning you should flip that coin as much as possible!
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How to Use the OddsJam Expected Value Calculator
Using the EV Calculator is simple:
1️⃣ Enter your stake (how much you want to bet).
2️⃣ Input the odds of your bet from the sportsbook.
3️⃣ Enter the implied win percentage (from a sharp sportsbook or a betting model).
4️⃣ The calculator instantly shows your expected profit per bet.
💡 If the EV is positive (+EV), it’s a profitable bet in the long run. If it’s negative (-EV), you should probably avoid it!
✅ Bet with confidence. Bet with an edge.
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Example: Finding an Edge with EV Betting
Let’s say you’re betting $100 on the Los Angeles Rams +110 at BetFred.
- The sharpest sportsbook has Rams -105 and their opponent -105, meaning the true odds are +100 (or a 50% chance of winning).
- Using the EV formula, your expected profit is:
EV = (50%) x ($110) – (50%) x ($100) = $5
🚀 This bet is +EV, meaning it’s profitable in the long run!
Frequently Asked Questions
1️⃣ What is Expected Value (EV)?
Expected Value is the amount of profit you can expect to make if you placed the same bet an infinite number of times.
- +EV bets = profitable in the long run 💰
- -EV bets = losing over time ❌
To be a successful sports bettor, you must focus on finding +EV bets.
2️⃣ How do I calculate Expected Value?
EV Formula:
EV = (Fair Win Probability) x (Profit If Win) – (Fair Loss Probability) x (Stake)
Example: If the Golden State Warriors are +110 but their true odds are +100, betting $100 gives you an EV of $5—making it a +EV bet!
📌 Pro Tip: Instead of doing the math yourself, use the OddsJam EV Calculator to instantly calculate your edge.
3️⃣ How often should I use the EV Calculator?
Every time you bet.
Smart bettors only place +EV bets because that’s how they consistently beat the sportsbooks. If you’re serious about winning, you should check the EV of every bet before placing it.
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Final Thoughts: Are You Ready to Bet Smarter?
If you’re not using Expected Value to guide your bets, you’re leaving money on the table. Professional sports bettors win because they consistently find +EV bets.
✅ Stop guessing. Start betting with an edge.
✅ Use the Expected Value Calculator to instantly see if your bet is profitable.
✅ Try it FREE for 7 days and start making smarter bets today!
